Costco To Raise Minimum Wage To $16 An Hour: 'This Isn't Altruism' [npr.org]
By Alina Selyukh, National Public Radio, February 25, 2021 Costco plans to edge up its starting wage to $16 an hour starting next week, CEO W. Craig Jelinek said on Thursday, revealing plans that would propel his company ahead of most of its retail competitors. Costco raised its starting pay to $15 per hour in 2019. More than half of Costco's hourly workers in the U.S. are paid above $25, Jelinek told the Senate Budget Committee during a hearing on pay at large retail and fast-food...